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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 31, 2018
May 31, 2017
May 31, 2016
Cash Flows From Operating Activities:      
Net income $ 339,257 $ 184,671 $ 357,458
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 81,976 71,870 66,732
Amortization 46,523 44,903 44,307
Restructuring 17,514    
Goodwill, intangible and other asset impairments   193,198 4,471
Adjustments to contingent consideration obligations 3,400 3,000 (14,500)
Other-than-temporary impairments on marketable securities   420 3,811
Deferred income taxes (10,690) 24,049 9,399
Stock-based compensation expense 25,440 32,541 31,287
Other non-cash interest expense 6,187 9,986 9,750
Gain on remeasurement of joint venture ownership     (7,972)
Realized (gains) on sales of marketable securities (10,076) (8,174) (6,457)
Other (1,141) 280 (15)
Changes in assets and liabilities, net of effect from purchases and sales of businesses:      
(Increase) in receivables (106,179) (5,690) (24,582)
(Increase) in inventory (34,102) (70,726) (17,733)
Decrease (increase) in prepaid expenses and other current and long-term assets 3,348 (38,130) (25,617)
Increase (decrease) in accounts payable 51,641 16,247 (5,958)
(Decrease) increase in accrued compensation and benefits (5,010) (4,577) 17,681
(Decrease) increase in accrued loss reserves (10,387) (3,422) 13,514
(Decrease) increase in other accrued liabilities (6,612) (64,322) 8,011
Other (706) 3 11,119
Cash Provided By Operating Activities 390,383 386,127 474,706
Cash Flows From Investing Activities:      
Capital expenditures (114,619) (126,109) (117,183)
Acquisition of businesses, net of cash acquired (112,442) (254,200) (51,992)
Purchase of marketable securities (181,953) (38,062) (32,280)
Proceeds from sales of marketable securities 138,803 76,588 32,631
Proceeds from sales of assets and businesses     866
Other 9,018 2,118 2,092
Cash (Used For) Investing Activities (261,193) (339,665) (165,866)
Cash Flows From Financing Activities:      
Additions to long-term and short-term debt 351,082 597,633 142,130
Reductions of long-term and short-term debt (276,406) (154,348) (147,155)
Cash dividends (167,476) (156,752) (144,350)
Shares of common stock repurchased and returned for taxes (17,152) (21,948) (71,346)
Payments of acquisition-related contingent consideration (3,945) (4,284) (2,088)
Exercise of stock options and awards, including tax benefit     18,540
Payments for 524(g) trust (123,567) (221,638)  
Other (1,912) (2,692) (1,836)
Cash (Used For) Provided By Financing Activities (239,376) 35,971 (206,105)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 4,111 2,912 (12,294)
Net Change in Cash and Cash Equivalents (106,075) 85,345 90,441
Cash and Cash Equivalents at Beginning of Period 350,497 265,152 174,711
Cash and Cash Equivalents at End of Period 244,422 350,497 265,152
Cash paid during the year for:      
Interest 97,295 78,685 73,087
Income taxes $ 83,460 $ 71,236 $ 63,208